Skip to main content

Funding for Nicaragua road improvements

Road improvements in Nicaragua will now be paid for through a loan from the Central American Bank for Economic Integration (CABEI). The US$238 million loan will fund a series of upgrades to a total of 194km of key road connections in the country. A further $5 million of funding is being provided by the Nicaraguan Government. The work will form the country’s seventh programme for road improvements will commence in 2018 with six separate projects being carried out.
November 9, 2017 Read time: 1 min

Road improvements in Nicaragua will now be paid for through a loan from the 863 Central American Bank for Economic Integration (CABEI). The US$238 million loan will fund a series of upgrades to a total of 194km of key road connections in the country. A further $5 million of funding is being provided by the Nicaraguan Government. The work will form the country’s seventh programme for road improvements will commence in 2018 with six separate projects being carried out.

For more information on companies in this article

Related Content

  • Funding deal approved for Honduras roads
    December 14, 2015
    A loan facility will help pay for new road development planned for Honduras. The US$150 million, 20 year loan has been approved by the Central American Bank for Economic Integration (CABEI). The PIV road infrastructure scheme set out by Honduras is intended to develop the country’s network. The funding will be used on over 180kms of roads in various parts of the country.
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
  • Guatemala seeks US$920mn of international loans for fast motorways
    December 16, 2013
    Guatemala’s Ministry of Communications, Infrastructure and Housing is seeking international loans of US$920 million to transform three national road sections into fast motorways. The loans could be obtained at some stage in 2014. One negotiated with the Central American Bank for Economic Integration (CABEI), of $280 million for the widening of CA-2 Oriente motorway to a four-lane motorway, is reportedly at its final stage. The bank has given its approval already and it is only the Monetary Council that has
  • Nicaragua’s new routes opening to traffic
    July 18, 2016
    The opening of a new road link in Nicaragua will reduce journey times between capital Managua and El Guasaule, which lies on the border with Honduras. The road connects La Paz Centro, Malpaisillo and Villa 15 de Julio. Heavy vehicles previously had to take a more circuitous route that was also longer, so the new road will help cut transport costs. Funding for the project was provided by the Inter-American Development Bank (IADB). This new road is one of a series of projects Nicaragua’s Ministry of Transpo